How to Do an Online Woolworths Loan Application

Woolworths has become one of the most popular supermarket chains in South Africa, specialising in food and clothing. It also has a financial services arm which offers loans, insurance, store accounts and credit cards. They offer a variety of convening services to their customers as well as the ability to do an online Woolworths application without visiting the store.

Personal Loan

A Woolworths Personal Loan is the simple way to get the cash you need for the things you need and the things you want, weather is car repairs, home improvements or family emergency. No hassles. A Woolworths Personal Loan is an “unsecured” loan, which means you don’t even have to provide security or have someone co-sign the loan for you.

He simply visit them online and fill out the application form with your personal details. The consultant will be in contact with you within a few days to finalise your application and to inform you of whether your application was approved or not.

Qualifying Criteria

permanently employed

earn at least R2000 per month

have a bank account

have a good credit record

have a valid South African Identity Document

Revolving Personal Loan

A choice of 12, 24 or 36 month repayment periods.

Ability to withdraw a minimum loan of R1000, increasing in multiples of R500.

The ability to re-use money that has been paid towards the loan.

The convenience of access to cash through our easy interactive voice message system

The choice of repayment periods and interest rates are designed to make it easier for you to manage your personal finances.

What is the cost of credit insurance?

Balance Protection Insurance is available to Woolworths Store Card and Woolworths Personal Loan customers and covers death, retrenchment and critical illness. WFS offers basic balance protection at R4 for every R1000 borrowed and comprehensive balance protection at R4.50 for every R1000 borrowed. Comprehensive protection covers retrenchment as well. Borrowers can get additional death cover for R6.85 per month.